Dorel Industries Inc., which owns the Cannondale and Sugoi cycling brands, will no longer disclose financial information, including it annual report, with the Securities & Exchange Commission. As a TSX-listed reporting issuer, Dorel will continue to file
Category: Sports/Fitness
Heelys Opens European Office
Heelys, Inc. announced the opening of its European office, Heeling Sports EMEA (SPRL). The new company, based in Brussels, Belgium, will serve as the company's European headquarters and extends Heelys' brand and business development in Western,
Orange 21 Misses 10K Deadline
Action sports company Orange 21 said it won't be able to file its annual report on form 10K in time due to material weaknesses in its accounting processes. Annual reports generally must be filed within 60 to 90 days of the closing of a company's
Teko’s Founder Leaves, Anatom Ltd. Takes Control
Jim Heiden, Teko’s CEO and founder, has left the company as Anatom Ltd.—Teko’s new UK-based distributor—acquires a majority stake. Teko’s VP of operations, Owen Hammond, has been named GM in a move to ensure “a smooth ownership transition”…
Riding a New Wave
Confluence’s Sue Rechner discusses the state of the buinsess…
Into the Wild
Fall ’08 trail running multi-sport shoes offer versatility and performance…
Stand Out From the Crowd
According to management consulting firm McKinsey & Company, strong retail brands result in more frequent consumer visits, higher per-customer spending, and the ability to charge premium prices.
What makes a great brand? Great brands stand for something..
Outdoor Industry MandA Market Heats Up Again…
The M&A market heated up in the outdoor industry again last week as three industry brands changed hands. Gregory Outdoor Products, Teko socks and Native Eyewear all welcomed new ownership, with the first going independent for the first time since its ince
Gregory Strikes Out On Its Own for First Time in 25 Years…
In a deal that may make evoke whines from some outdoor insiders, three Fortune 500 veterans bought Gregory Outdoor Products. The all-cash deal marks the first time the company has been independent since its founder Wayne Gregory sold the business 25 years
Pelican Kicks off New Phase with Acquisition
Pelican Products, Inc. said it had acquired its Australian distributor and would begin acquiring more companies to supplement organic growth. It was the first acquisition for Pelican, which makes lighting systems and rigid cases made to protect cameras an
Administration Allows
The Bush administration has declined to withdraw a controversial plan that could significantly increase the cost of importing goods, and instead urged all interested parties to file public comments by April 23, according to the Outdoor Industry Associatio
Quiksilver Rossignol Throws Switch on iVendix
CenterStone Technologies, Inc., an international developer of Web-based B2B e-commerce software for manufacturers selling through specialty retail channels, today announced that The Quiksilver Rossignol Group is now “live” on the company’s iVendix softwar
The Golf Report: Industry Companies Provide More Detailed Results in SEC Filings…
Several industry companies, either public companies themselves or divisions of public companies filed 10-K forms with the SEC over the past few weeks, disclosing a few key details about their respective businesses. Unfortunately, the more detailed picture
Adidas Forms Joint Venture to Distribute Reebok in South America
Adidas AG and Brazilian shoe company Vulcabras SA have agreed to form a joint venture to sell shoes, shirts and other sports apparel from Reebok in South America. The two companies said that the joint venture will sell Reebok-made products in Brazil and P
Timberland Names European Wholesale Footwear Director
Mike Lynskey has been appointed European wholesale director of footwear brand Timberland. Lynskey was previously managing director for the outdoor group Europe at Wolverine, and had responsibility for its Merrell, Sebago and Patagonia brands in Europe…